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AMP facing threat of shareholder class actions for misleading ASIC

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One of the three law firms investigating on behalf of shareholders says it believes it has the potential to be one of the biggest investor class actions in Australian legal history.

'We can put a bullet in your head': Ex-ASIO officer sues police over arrest

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A former ASIO officer is suing Queensland police for $750,000 in damages over what he claims was a wrongful arrest including a "deadly chokehold" during his honeymoon.

Fans await royal baby announcement as Duchess of Cambridge goes into labour

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The world awaits an announcement of a royal baby after the Duchess of Cambridge is admitted to St Mary's Hospital in London in the early stages of labour.

Pictures of long lost Australian WWI submarine reveal clues about its fate


An expedition returns after uncovering new clues about what happened to Australia's first submarine, HMAS AE1.

Top Stories in last day


Analysis: Banking royal commission: How ASIC went missing in action with the banks

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Ask yourself this — when was the last time a major corporation or executive was hauled before the courts? If you're having trouble coming up with an answer, you're in good company, writes Ian Verrender.


One in 20 ANZ clients got advice not likely to be in their best interests

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ANZ internal audits found many customers were receiving advice not likely to be in their best interests and also revealed a jump in the instances of inappropriate advice, despite a drop in the number of financial advisers.


Analysis: Why is it so hard for the Government to admit they were wrong on banks?

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Financial Services Minister Kelly O'Dwyer's refusal to admit the Coalition were wrong to delay a banking inquiry only calls more attention to the poor call, writes Michelle Grattan.

Ron Medich guilty of ordering execution-style murder of former associate

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Millionaire property developer Ron Medich is likely to die in jail after being found guilty of ordering a hit on former business associate Michael McGurk, who was shot in his car while his son sat next to him.


'It's not acceptable': AMP apologises for compensation delays

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The banking royal commission hears further evidence about inappropriate financial advice, with embattled wealth management company AMP again under the spotlight for not always acting in its customers' best interests.


Bloomberg to write $5.9m cheque for Paris climate pact that Trump abandoned


Billionaire former New York mayor Michael Bloomberg says he will cover the United States' financial commitment to the Paris Climate Agreement for this year, after President Donald Trump last year made the US the only country to oppose the…

Turnbull concedes royal commission should have been called sooner

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Malcolm Turnbull takes responsibility for not calling the formal inquiry earlier, saying in hindsight it would have been better for the Government to have set up a banking royal commission two years ago.


This is why it may eventually be legal to smoke marijuana in Australia

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One of the world's largest cannabis companies has taken out Australian trademarks for a range of its products, amid fresh political debate about proposed reform.

Government promises 1,000 extra Centrelink call centre staff to reduce wait times

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If you have spent untold minutes, or even hours on hold to Centrelink, listening to classical music only to slam down the phone in frustration, it looks like change is on the way.


Queensland's idyllic islands are sitting in ruins, so what has gone so wrong?

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The picturesque Queensland coast and its islands are the envy of the world. But behind the palm trees and sunshine, trouble is brewing, with a growing number of resorts falling into disrepair, decay and financial strain.

What to do when someone steals your photo from Facebook and claims it as their own

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Once you upload a photo to Facebook do you still own it? Can someone come along and claim it as their own and try make some money off it? This is what you need to know should someone pinch your pictures from social media and claim it as…

'We didn't question it': Why a school headmistress allegedly preyed on girls

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Three sisters, one headmistress and allegations of molestation. Former Melbourne principal Malka Leifer is wanted on 74 counts of child sexual abuse. Here's what happened behind closed doors at the all-girls school.


'Canberra is a weird place': Joyce calls for overhaul of employment rules

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Former deputy prime minister Barnaby Joyce calls for an overhaul to the hiring regulations at Parliament House to allow politicians to work alongside their partners.

'Largely preventable' knee reconstructions up 70 pc among young Aussies

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Knee reconstructions for young Australians are on the rise, posing an expensive and painful public health problem in the future, a new study finds.


Andrew Bogut leaves NBA to head home to NBL's Kings

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Veteran Boomers centre Andrew Bogut ends his 13-season NBA career and will return to Australia to play in the NBL with the Sydney Kings.


Blow for NSW Origin, Knights as Pearce out for four months


Mitchell Pearce will miss Origin and be unavailable for the majority of the NRL season after scans confirm a ruptured pectoral muscle for the Knights half-back.

Sunday, Apr 22

Teenage pair charged over fatal hit-and-run crash

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A 19-year-old man and a 15-year-old girl are charged with culpable driving and theft of a motor vehicle in connection with a fatal hit-and-run crash involving an allegedly stolen vehicle in Melbourne's east early on Saturday.

O'Dwyer dodges questions on delay of banking royal commission

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After a week of shocking revelations at the banking royal commission, Financial Services Minister Kelly O'Dwyer repeatedly avoids questions about the Government's delay in establishing the probe.

Saturday, Apr 21

Uber Eats imposes 'unfair contracts' and ruins deliveries, restaurateurs allege

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Restaurateurs are complaining that their contracts with Uber Eats are "unfair" and potentially breach Australian consumer law. The ABC reveals what's inside Uber's contracts.

Analysis: Is our gut bacteria medicine's missing piece or just hype?

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It's been hailed as the next frontier for treating disease, but it has also spawned a multibillion-dollar supplement, food and health industry that is not supported by science, write Nicholas West, Amanda Cox and Allan Cripps.

Police arrest teens over deadly hit-and-run crash in Melbourne

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Two teenagers are arrested in connection with a fatal hit-and-run at in Melbourne's east that resulted in the deaths of a couple, who were driving home.

'Big progress': Trump hails North Korea's move to stop nuclear and missile tests

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North Korea will suspend nuclear and missile tests effective immediately and abolish a nuclear test site ahead of planned summits with South Korea and the US, with US President Donald Trump tweeting that the announcement is "very good news…

Friday, Apr 20

Dance music star Avicii found dead in Oman

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Avicii, the Grammy-nominated electronic dance DJ who performed sold-out concerts for feverish fans around the world, dies aged 28.

Democrats sue Trump campaign and Russia over 2016 election loss

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The Democratic Party sues President Donald Trump's campaign, his son, his son-in-law, the Russian Federation and WikiLeaks, saying they conspired to help Mr Trump win the 2016 presidential election.

Suspended ANZ adviser allowed to keep working, clients not refunded for years

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ANZ may have to dig deeper than the $756,000 provision it set aside to refund clients of an adviser who failed numerous audits and continued to sell high risk products after he was suspended, with the head of ANZ's RI Advice group …

AMP boss Meller quits after scandals revealed at royal commission

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AMP's chief executive officer Craig Meller quits his job with immediate effect, becoming the first senior executive to lose his job as a result of the banking royal commission.

Thursday, Apr 19

The mind games behind becoming a clutch player in the AFL


Being able to execute in the clutch is perhaps the most valued skill in sport. West Coast midfielder Luke Shuey reveals the mindset of a top AFL player and what it was like kicking last year's unforgettable match-winning goal.

Australian warships challenged by Chinese military in South China Sea

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Three Australian warships were challenged by the Chinese military as they travelled through the disputed South China Sea earlier this month, the ABC can reveal.

Westpac 'money men' shattered nurse's retirement dream, commission hears

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Jacqueline McDowall and her husband sold their home on the advice of a Westpac financial planner, hoping to buy a bed and breakfast in their retirement. Instead, their dream was shattered, and they are unsure if they will ever be able to…

CBA customer dead for a decade but still charged fees, commission hears

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Advisers at a Commonwealth Bank financial planning business continued charging fees to customers they knew had died, including one instance where fees were charged for more than a decade after a customer had passed away, the banking royal…

Wednesday, Apr 18

Trump doesn't have time to 'screw up' US-Australia relationship: Comey

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Former FBI director James Comey tells 7.30 he believes Australia will continue to have a close relationship with the US due to the long-standing bonds between both nations.

'Criticise your own Government': Duterte launches tirade against Australian nun

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Philippines President Rodrigo Duterte takes aim at a 71-year-old Australian nun who he ordered an investigation into, telling her to focus on Australia's handling of "hungry and dying refugees", not his country's issues.

CBA executive warned after failing to answer questions on bogus fees

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The head of the banking royal commission loses patience with a Commonwealth Bank executive after she fails at least three times to answer questions about the bank's practice of charging customers fees but not providing financial advice.

Wife to one president, mother to another: Barbara Bush dies at 92

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The 37th first lady of the United States is being remembered by her family as a unique woman who brought "levity, love and literacy to millions".